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Procept BioRobotics reports Q1 EPS (51c), consensus (56c)

Reports Q1 revenue $44.5M, consensus $41.58M. “We started 2024 with strong revenue growth exceeding 80% and demonstrated disciplined management of operating expenses throughout the first quarter. Now firmly in our San Jose facility, we are in a great position to continue leveraging overhead expenses to improve gross margins throughout the year,” said Reza Zadno, Chief Executive Officer. “With an expanded and more tenured commercial team and growing demand for Aquablation therapy, we are confident in hitting our long-term growth targets.”

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